These include bettors with a gambling mindset as well as beginners. If you manage to win a parlay bet, the payout to be enormous.Ĭertain types of punters are very attracted to parlay bets. Because you are unlikely to win, you get major bragging rights if you do.Ģ. Parlay bets are considered quite exciting.
Here the main reasons why you might consider a parlay bet:ġ. Read more about parlay bets in the Types of Sports Bets: Accumulator article. There are some variations such as progressive parlay bets which allow you to win some money if certain selections go on to win even if others end up losing. With the most traditional form of parlay bet, every selection in the wager needs to win in order for you to win the payout on the parlay. It is similar to a teaser bet in that it consists of a series of straight bets. If you're all caught up, let's talk about parlay bets.Ī parlay bet is one of the most common and complex types of sports wagers. Here are the articles so far in this new series: In the past, I have written articles delving into the different types of bets, but those articles focused more on the definitions and variations of different types of bets than on their advantages and disadvantages. Been keeping up with the blog? If so, you probably noticed that I am doing a series of articles discussing the pros and cons of common types of sports wagers you can place on UK betting sites.
